Property detail

Field Value
Location Address 1255 S OCEAN BLVD
Municipality PALM BEACH
Parcel Control Number 50-43-44-02-10-000-0070
Subdivision BLOSSOM ESTATE REPL
Official Records Book/Page 24453 / 539
Sale Date 04/08/2011
Legal Description BLOSSOM ESTATE REPL LT 7 & LT 8 (LESS S 7.50 FT)

Owner INFORMATION

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Owner(s) Mailing Address Actions
PETERFFY THOMAS P
PETERFFY THOMAS P TR
THOMAS P PETERFFY TR TITL HLDR
1255 S OCEAN BLVD
PALM BEACH FL 33480 5008

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
04/08/2011 $22,660,000 24453 / 00539 DEED OF TRUST PETERFFY THOMAS P
12/17/2009 $10,650,000 23602 / 00046 WARRANTY DEED KOCHMAN RONALD S TRUST
09/14/2004 $9,400,000 17535 / 00161 QUIT CLAIM KRAKOFF REED
04/14/2000 $6,500,000 11720 / 01964 WARRANTY DEED BLOSSOM ESTATES
03/01/1993 $2,350,000 07647 / 00489 WARRANTY DEED
03/01/1992 $100 07206 / 00117 WARRANTY DEED
06/01/1986 $2,000,000 04919 / 00325 WARRANTY DEED
01/01/1986 $10,400,000 04787 / 01923 QUIT CLAIM

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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  • Save Our Homes (SOH) Base Year : 2019
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
PETERFFY THOMAS P 2026 HOMESTEAD
PETERFFY THOMAS P 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BLC Balcony 476
BAS Base Area 5334
BLC Balcony 247
FUS Finished Upper Story 4466
SFB Semi Finished Base Area 247
BLC Balcony 48
BLC Balcony 48
FGR Finished Garage 950
BLC Balcony 377
FUS Finished Upper Story 1175
FOP Finished Open Porch 49
FOP Finished Open Porch 377
FOP Finished Open Porch 476
FOP Finished Open Porch 40
Total Square Footage 14310
Area Under Air 11222

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 14310
Acres 5.98
Property Use Code 0100—SINGLE FAMILY
Zoning R-AA—LARGE ESTATE RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CONC. BLOCK
Year Built 2014
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 5
Full Baths 7
Half Baths 2
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 MARBLE
Floor Type 2 N/A
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Boat Dock 2014 189
Boat Dock 2014 330
Bridge 2014 2916
Elevator 2014 1
Gazebo 2014 196
Pool - In-Ground 2014 1

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL R-AA 3.49
2 SUBMERGED R-AA 2.4905

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $12,657,173 $12,569,232 $16,623,956 $14,446,564 $13,569,891
Land Value $127,317,550 $88,810,420 $79,458,350 $71,687,305 $74,410,650
Total Market Value $139,974,723 $101,379,652 $96,082,306 $86,133,869 $87,980,541
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $12,657,173 $12,569,232 $16,623,956 $14,446,564 $13,569,891 $8,770,825 $7,018,082 $8,531,849 $6,264,644 $5,877,790
Land Value $127,317,550 $88,810,420 $79,458,350 $71,687,305 $74,410,650 $65,873,315 $35,030,000 $33,790,000 $30,810,780 $32,432,400
Total Market Value $139,974,723 $101,379,652 $96,082,306 $86,133,869 $87,980,541 $74,644,140 $42,048,082 $42,321,849 $37,075,424 $38,310,190

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $49,235,873 $47,941,454 $46,590,334 $45,233,334 $43,915,858
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $49,184,462 $47,890,732 $46,540,334 $45,183,334 $43,865,858
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $49,235,873 $47,941,454 $46,590,334 $45,233,334 $43,915,858 $42,636,755 $42,048,082 $42,321,849 $37,075,424 $34,302,921
Exemption Amount $51411 $50722 $50000 $50000 $50000 $50000 $50000 $50000 $0 $0
Taxable Value $49,184,462 $47,890,732 $46,540,334 $45,183,334 $43,865,858 $42,586,755 $41,998,082 $42,271,849 $37,075,424 $34,302,921

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $729,227 $712,250 $692,231 $678,481 $679,869
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $729,444 $712,455 $692,425 $678,669 $680,053
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $729,227 $712,250 $692,231 $678,481 $679,869 $691,146 $692,887 $709,391 $604,218 $598,502
NON AD VALOREM $217 $205 $194 $188 $184 $178 $173 $175 $175 $14,838
TOTAL TAX $729,444 $712,455 $692,425 $678,669 $680,053 $691,324 $693,060 $709,566 $604,393 $613,340

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.